Since crypto was first introduced to society in 2009, it has changed significantly. In 2013, the first ever meme coin was created – Dogecoin (DOGE). Although it was initially created as a joke, Dogecoin soon created a new path for crypto. Now, there are hundreds of meme coins in the crypto market.
A meme coin is a cryptocurrency that is created based on online memes. They focus heavily on their community and provide a place for online users to use crypto and feel a part of a community.
At the time of launch, crypto wasn't openly accepted by society. Many looked at crypto as a joke or scam. Hence, Dogecoin was created as a joke, poking fun at Bitcoin and crypto. Its logo is a Shiba Inu dog which was inspired by an online meme. However, over the next few years, DOGE became popular as a cryptocurrency, especially when Elon Musk, the richest man in the world, publicly announced that he owned DOGE coins. This was a big contributor to Dogecoin's success as this led to a wide audience of crypto users purchasing DOGE tokens.
Currently, DOGE is ranked 9th by market capitalisation and is the market leader for the meme coin sector. As one of the most influential coins in the market, Dogecoin has started the meme coin phenomenon.
When Dogecoin received the big success that it did, crypto users and enthusiasts were able to see that a crypto project did not need to have advanced technology to become successful. Rather, an enjoyable cryptocurrency that brings online users together is enough to become successful as its success relies on its community of users.
Many meme coins have used Dogecoin as an influence such as Shiba Inu and Baby Dogecoin. They have both adopted dog themes to fit into the meme coin family and hopefully seek similar levels of success.
Rocketize is a new meme coin and is currently in presale. Set to launch soon, Rocketize takes the basic meme coin one step further by putting its focus on decentralisation. Trying to shape society in a decentralised manner, Rocketize aims to use non-traditional incentive structures in both DeFi and DAOs.
Rocketize's native token is JATO which is built on the BEP-20 standard that runs on the Binance Smart Chain. However, Rocketize is currently investigating the possibility of building bridges to link various networks such as Polygon, Fantom, and more to maximise decentralisation.
With a strong plan in place, it seems as if Rocketize can truly help shape the meme coin sector and help it evolve further. By focusing on decentralisation, Rocketize aims to take meme coins further and show users how crypto is set to move forward.
Decentralisation, especially within crypto, seems inevitable. Allowing users to have full control over their finances, without the need for a third party such as a bank, is likely to be the future of finance. Rocketize aims to use its platform to help this happen and become embraced by society.
Presale: https://rocketize.io/buy
Website: http://rocketize.io
Telegram: https://t.me/RocketizeTokenOfficial
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.